12 Most Popular Stocks on Robinhood in 2025

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8. Palantir Technologies Inc. (NASDAQ:PLTR)

Number of Hedge Fund Holders: 64

Palantir Technologies Inc. (NASDAQ:PLTR) is a software company specializing in data integration and analytics platforms for large-scale decision-making. Its core products – Palantir Gotham, Foundry, and Apollo – enable organizations to aggregate, analyze, and visualize complex data from disparate sources. PLTR serves both government and commercial sectors, with applications in defense, intelligence, healthcare, energy, finance, and operates through long-term contracts and subscriptions, offering its software via cloud, on-premises, and hybrid environments. PLTR ranked second on our recent list of 10 Stocks with Potential to Rise 1000 Percent.

Palantir Technologies Inc. (NASDAQ:PLTR) delivered exceptional Q4 2024 results with revenue growing 36% YoY and 14% sequentially to $828 million, significantly exceeding guidance by over 900 basis points. The US business demonstrated remarkable strength, with US commercial revenue growing 64% YoY and US government revenue increasing 45% YoY in Q4. The company achieved its strongest adjusted operating margin in history at 45% and improved its Rule of 40 score to 81 in the fourth quarter. PLTR was the third most bought stock on the Robinhood platform in April 2025, making it one of the most popular stocks among retail investors.

Palantir Technologies Inc. (NASDAQ:PLTR)’s success is largely driven by its AI platform and Ontology capabilities, which are transforming AI into measurable streams of high-value finished goods and services. In Q4 alone, Palantir closed $1.8 billion of TCV across its business, representing a 56% increase YoY, including 32 deals worth $10 million or more. Looking ahead, the company is guiding to a full-year 2025 revenue growth of 31% YoY, demonstrating continued momentum in its business trajectory.

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